Florida Statutes 744.627 – Investment of funds of estate by guardian
Current as of: 2023 | Check for updates
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Terms Used In Florida Statutes 744.627
- Estate: means income on hand and assets acquired in whole or in part with income. See Florida Statutes 744.604
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Guardian: means any person acting as a fiduciary for a ward's person or the ward's estate, or both. See Florida Statutes 744.604
Every guardian shall invest the funds of the estate in such manner or in such securities, in which the guardian has no interest, as allowed by chapter 518.